Bernard and Pauline Herbert Schlshp Tr

CHICAGO, IL EIN: 20-6945564

Bernard and Pauline Herbert Schlshp Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 1 grants totaling $174K. Net investment income was $258K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

+1.1% YoY

Annual Giving

$174K

-4.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$174K

-4.0% YoY

Under IRS private-foundation payout rules, Bernard and Pauline Herbert Schlshp Tr reported a distributable amount of $220K for 2024 — the minimum it must pay out in qualifying distributions.

About Bernard and Pauline Herbert Schlshp Tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Iowa $928K (100%)

States

Iowa

Cities

Des Moines

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,538,765	$3,500,830	$3,573,022
Revenue	$291,838	$167,066	$92,571
Expenses	$236,843	$239,225	$267,089
Qualifying Distributions	$200,776	$207,090	$227,307
Net Investment Income	$257,644	$116,320	$98,102
Distributable Amount	$220,490	$199,855	$207,512

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Des Moines University ($174,333).

Recipient	Purpose	Amount
DES MOINES UNIVERSITY DES MOINES, IA	SCHOLARSHIP	$174,333

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bernard and Pauline Herbert Schlshp Tr?

Bernard and Pauline Herbert Schlshp Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $3.5M in total assets as of 2024.

How large is Bernard and Pauline Herbert Schlshp Tr?

As of 2024, Bernard and Pauline Herbert Schlshp Tr holds $3.5M in total assets with $292K in annual revenue. It awarded 1 grants totaling $174K in 2024.

Where does Bernard and Pauline Herbert Schlshp Tr operate?

Bernard and Pauline Herbert Schlshp Tr has awarded grants in Iowa.

What size grants does Bernard and Pauline Herbert Schlshp Tr award?

In 2024, Bernard and Pauline Herbert Schlshp Tr awarded 1 grants totaling $174K — an average of about $174K per grant, based on its IRS Form 990 filings.

How much is Bernard and Pauline Herbert Schlshp Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bernard and Pauline Herbert Schlshp Tr reported a distributable amount of $220K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bernard and Pauline Herbert Schlshp Tr's EIN?

Bernard and Pauline Herbert Schlshp Tr's EIN (Employer Identification Number) is 20-6945564. IRS Form 990 filing data is available on this page for 2020–2024.